MTX - Insider Decision Unfolding At Minerals Technologies: Daniel Joseph Monagle III Exercises Options | Benzinga
In a new SEC filing on January 25, it was revealed that III, Group President at Minerals Technologies (NYSE:MTX), executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Thursday with the U.S. Securities and Exchange Commission revealed that III, Group President at Minerals Technologies, exercised stock options for 0 shares of MTX, resulting in a transaction value of $0.
The Friday morning market activity shows Minerals Technologies shares down by 0.0%, trading at $66.07. This implies a total value of $0 for III's 0 shares.
Unveiling the Story Behind Minerals Technologies
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Financial Milestones: Minerals Technologies's Journey
Positive Revenue Trend: Examining Minerals Technologies's financials over 3 months reveals a positive narrative. The company ...